Rainbow Rare Earths Phalaborwa project shaping up to be one of the lowest cost producers globally. Watch the video here.
Raised £2m at 8p; funnily enough as one expected, it spent it all pretty quickly and has had to raise more since. Current share price of 1.375p, a mere drop of 83%.
Interning article on the Westfield Shopping Centre at http://www.redstoneconnectplc.com/case-studies/westfield-infrastructure
I love to know what's going on with Google Finance's prices. They now show all AIM Shares at 0.00p and therefore a -100% loss. Very strange.
James is correct, MB did tell us that he hadn't read the comments on this BB for quite some time.
Assuming we have all accepted the final 340p offer, i did 20 days ago. Why is it taking so long for the cash from the sale to hit our accounts. I'm beginning to wish that I has just sold on the market at the same 340p price so that I could have reinvested elsewhere straight away.
Only one trade all day for £4k of shares. We're a patient bunch.
Stockwatch on MoneyAM works but the prices are not live prices and are delayed by 15 minutes just as they are in most places. You may as well just add stocks to your Watchlist on here on LSE.
If like me you have used Google Finance to check live prices you will not have failed ot notice that prices of many stocks and in particular AIM stocks have not been updated since 16th June. There is a way of reporting this glitch to Google Finance using a form available on their website. You can access the form via the following link: https://support.google.com/finance/contact/f_support Hopefully if enough of us make them aware of the issue, then they will fix it.
it would appear that Google Finance is displaying the share prices that were applicable on 16th June. Until they fix the issue you may as well ignore any Share Price information displayed on Google Finance.
Now that's more like it. A nice tight spread: 135p/137p
High profile contact wins such as this where we are also able to name the Client will add further to the Company's credibility and will surely assist in winning further new contracts in the future. No doubt as the installation is being completed members of the sales team will also be looking at cross selling some of our other products, which will add further unique benefits for those attending the stadium.
Sue Thanks for you reply, at least I know is not an issue with my PC. I also regularly check BTG a FTSE 250 stock and it is also updating normally.
Is anyone else having an issue with the REDS Share Price not updating on Google Finance. I've had the current SP showing as 121p for a few days now.
A contract and a foot in the door at TH Real Estate is yet another example of the the type of clients who we are now working with and surely bodes well for the future. Checkout TH at https://www.threalestate.com/
We chatted with MB about that after the AGM and off course the SP must reach over 500p and remain at this level for 3 months before the end of 2018 in order for them to receive the maximum amount of their share options. I won't bother mentioning the mention the SP required for us to have our curry night. Can't understand why someone chose to sell one share for 131p at 1.32pm. Rather pointless when you take into consideration dealing charges.
Toshack You did very well warning people back then and because of what happened previously LTH's are now much more cautious in their comments. It is a shame that you did not come to the AGM as clearly you have some questions that you would have liked answers too. Maybe next year?
Let's not forget that big institutions bought in here in the recent placing at the equivalent of 150p, Sure it would have done a lot more for the SP if they had built up to their £433m+ on the open market but they were more then happy to get them all at 150p knowing full full well that a consolidation would follow. The current SP does provide PI's with a unique opportunity to get in lower that the II's. However it's clear that someone is currently selling chunks of around £10k on a regular basis so it may we worth holding off until this seller has cleared. At the AGM FB made it clear that after the DB debacle, the easy option (rather than risk a punch on the nose and lots of strife) would have been to walk away but he and the others felt for the longsuffering PI's and believing that the company could be turned around into a success, stuck with it. The journey is still continuing and after what I heard at the AGM I believe that in time our patience will be rewarded.
It was great to meet up with JamesK3 and TeleCom at the AGM, the first hour of which was taken up with answering shareholders’ questions, after which all the resolutions were passed. We then had the opportunity to chat 1-2-1 with the directors. The answers to some of the questions are as follows: The recent placing raised far more than was actually required for the acquisition and integration of A&K, but it was worth doing this whilst the institutions concerned were keen and interested in investing in RedstoneConnect (RC) it made sense to get them on board. However it leaves (RC) with a very healthy cash balance. RC are still acquisitive and now have money available to fund more acquisitions. However further acquisitions must meet about 5 stringent tests (which I didn’t have time to write down). They also have the right structure in place to manage and integrate new acquisitions quickly and economically. MB commented that Connect IB was the best acquisition that he has ever been involved with. RC are now focussing on contracts with higher margins and they have turned down some contracts where the margin was too low. One such company then went elsewhere but when they didn’t get what they were expecting, returned to RC to obtain what only RC could provide but obviously had to pay the right price. I raised the issue of cross selling RC’s products and whether this could also be possible with the Major Technology Company with whom we have the IBC contract. There clearly are real opportunities of cross selling with this customer in the future. It was also mentioned that it is probably the “Worst kept secret in the industry who the contract is with” but RC cannot officially name the company and we wouldn’t want them to, particularly with there being these cross selling opportunities in the future. However suffice to say, that worst kept secret in the industry and the speculation about it on this BB have a huge amount in common. The 5p SP (500p post-consolidation) got mentioned on a few occasions and of course it would need to reach that for a full 3 months before the end of 2018 for the Directors to obtain the maximum amount of their share options. However they are not just looking at 500p but at getting the SP far beyond that. It was mentioned that post consolidation, the RC shares are likely to have less appeal to day traders and this should bring greater stability. The company currently has about 350 staff, who are incentivised through SAYE share schemes. I imagine that all those at the meeting would have left feeling happy with the future prospects for their investment and even of going out and topping up. If I’ve missed anything and I’m sure I have, I’m sure that either James or TeleCom will add their comments. Hopefully next year we’ll have a few more PI’s turn up, it is really worthwhile.
James, looks like it'll just be us from the PI's.
Telecom, I'm also pretty much convinced that REDS have got this contract for reasons I hace outlined previously. The confirmation that you got at the MWC in Barcelona further supports the case.